Bitcoin has surged 25% in six days, from $63,000 to $79,970, and is now catching its breath around the $78,500 area after that vertical run.
We chose $76,700-77,000 to buy because things overlap there: recent lows, the short-term average price line, and a gap the rally skipped over.
$75,500 is the last low this advance managed to defend. A close beneath it would mean the upward flow has broken, and that is exactly where we cut the trade.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
